Cordiant takes $18 million participation in IADB loan to Tranredes

In December 2004, Cordiant took an $18 million participation in an IADB B-Loan to Transredes, a natural gas and crude hydrocarbon liquids pipeline operator in Bolivia. This loan will finance the expansion, modernization and debottlenecking of Transredes’s extensive network, including significant investment to mitigate environmental risk. For more information on the Transredes project, please consult the IADB website: Transredes